Nifty Weekly Forecast for RBI MONETARY POLICY Week

By | August 1, 2021 5:29 pm

Last Week We gave Chopad Level of  15729 Nifty gave SHORT Entry which  did all target on DOWNSIDE  so EXCELLENT Week for Chopad Followers,Coming week as Saturn goes opposition combined with RBI Policy can give trending move in Market.

Nifty Harmonic Pattern

Price almsot reached the PRZ Zone again now heading down towards 15555 if unable to close above 15864

Nifty Gann Angles

Price is unable to cross gann angle resistance zone

Planetary Cycles and Nifty Movements

Price took resitsance at Mercury line.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 02/06 Aug is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Price knocking resitance zone for 6 time. 

Trading Monthly Charts

Perfect Doji on Monthly chart, Breakout above 15962 and Breakdown below 15512.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 15800

Nifty Resistance: 15864,15933,16010,16100,16196

Nifty Support:15729,15666,15610,15555,15485

 Levels mentioned are Nifty Spot

Let me go by Disclaimer these are my personal views and trade taken on these observation should be traded with strict Sl.Please also read the detailed Disclaimer mentioned in the Right side of Blog.

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